Drastic decline of exports in Latin America and the Caribbean

The exports of Latin America and the Caribbean will drop again for the third consecutive year in 2015, with Venezuela and Colombia as the most affected countries due to the drop in the price of oil, and Guatemala and El Salvador as exceptions of the widespread loss. The fall of...
Unemployment in Latin America decreases

Unemployment in Latin America decreases

This year, the urban unemployment in Latin America and the Caribbean recorded a new low of 6.3% despite the persistent lack of economic dynamics in the labour market, according to an OIT report released yesterday in Lima, Peru. The reduction of unemployment compared to 6.4% in...
Food Inflation in the Caribbean and Latin America was 8.9% in June

Food Inflation in the Caribbean and Latin America was 8.9% in June

This morning the Food and Agriculture Organization of the United Nations (FAO) reported that food inflation in the Caribbean and throughout Latin America reached 8.9% in June compared with the same month of 2011. This increase, which represents the highest level so far this year,...